Added to YB: 2025-12-19
Pitch date: 2025-12-18
KME.AX [bullish]
Kip McGrath Education Centres Limited
Author Info
HD Capital Partners is a Sydney based fund manager specialising in smaller listed companies. Sign up for the newsletter.
Company Info
Kip McGrath Education Centres Limited provides tutoring services in Australasia, Europe, the United States, and internationally.
Market Cap
AUD 32.5M
Pitch Price
N/A
Price Target
N/A
Dividend
1.72%
EV/EBITDA
5.78
P/E
14.42
EV/Sales
0.91
Sector
Diversified Consumer Services
Category
value
Back to School - A 50 year old business on PE 7x - Kip McGrath
KME.AX: Global tutoring franchise w/ 406 centres trading 3x EV/Cash EBIT. New chairman Damian Banks (2,593% return at Konekt) invested $700k own money. Franchise fees grew 10.3% CAGR over 20yrs. Refocused on core franchise after shutting loss-making US unit. $6M net cash, strong FCF generation, potential trade sale exit.
Read full article (7 min)